Aaron Schmidt (Walking Paper Blog) linked to this Wired Blog post from his facebook....
"ScrollMotion, a New York mobile app developer, has concluded deals with a number of major publishing houses, and is in talks with several others, to produce newly released and best-selling e-books as applications for the iPhone and iPod touch.
Publishers now on board include Houghton Mifflin, Simon & Schuster, Random House, Hachette and Penguin Group USA. Having these big names is a big step forward for iTunes itself in becoming an e-book shop and the iPhone in becoming a legitimate e-book reader and competitor to products like the Kindle and the Sony E-Reader.
The first official books will begin to roll out Monday and include titles such as Stephenie Meyer's "Twilight," Philip Pullman's "The Golden Compass" and a number of others by Christopher Paolini, Brad Meltzer and Scott Westerfeld.
There are already several e-book readers in the app store, as well as a number of out-of-copyright e-books, but ScrollMotion’s product is unique in that these are stand-alone and newer in-copyright titles and best-selling novels." The full article can be found at Wired's blog